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Strengthening the Digital Financial Ecosystem, MODENA Pay and MNC Kapital Announce Strategic Collaboration

10 April 2025

Jakarta, April 10, 2025 – PT MNC Kapital Indonesia Tbk (IDX: BCAP), or MNC Kapital, has officially entered into a strategic partnership with MODENA Group. The signing ceremony was carried out by Dong Pyo Jeon, Executive Vice President Commercial of MODENA, and Yudi Hamka, President Director of MNC Kapital, witnessed by MODENA Group EVP Michael Jizhar and Executive Chairman of MNC Group, Hary Tanoesoedibjo.

This partnership marks a significant milestone for both companies in delivering more integrated and innovative financial services, while accelerating digital financial inclusion in Indonesia and globally.

Through this synergy, MODENA Group and MNC Kapital will collaboratively drive the development of a comprehensive suite of integrated digital financial initiatives, including co-branding credit and debit cards; settlement current account; integration of digital wallet MotionPay into MODENA Pay for automated payments and IoT solutions within the MODENA Seamless super-app; insurance solutions for MODENA products and customers; and investment management solutions for the MODENA ecosystem. Other potential collaborations will be explored by leveraging the extensive and integrated MNC Group ecosystem to create sustainable and mutually beneficial business synergies.

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